Central Bank Inching Closer on Raising Rates, but Officials Have Sent Mixed Signals on Timing

LONDON—Investors trying to pin down exactly when the Bank of England is going to raise interest rates in the U.K. should keep an eye on Ben Broadbent, Gov. Mark Carney's newest deputy.

Mr. Broadbent, 49, succeeded Charles Bean as the BOE's deputy governor for monetary policy July 1. His elevation followed three years on the rate-setting Monetary Policy Committee as one of the panel's four "externals," economic experts drawn...